Peach Becomes Japan’s First Airline to Accept Bitcoin

Peach Aviation Ltd has become the first Japanese airline to accept Bitcoin with the company citing recent changes to Bitcoin’s legal status in the country.

Japanese Airline Goes Bitcoin

The discount airline has announced that it will accept the world’s most popular cyrptocurrency Bitcoin for tickets. One of the reasons for the move is to attract more customers from other part of Asia where Bitcoin is also taking off like China and South Korea.

Customers can use Bitcoin to book tickets starting by the end of the year, Peach said in a statementMonday. It also added that the company’s decision was driven by the update to Japan’s law on settlement in April, which made Bitcoin a legal form of payment in the country.

What’s more, Peach plans to work with local government and regional companies to facilitate the usage of Bitcoin.